Business

Karachi: Currency exchange rates for major international currencies against the Pakistani Rupee were released by the Exchange Companies Association of Pakistan, reflecting current market conditions. According to the latest data, the United States D...

Islamabad: In a groundbreaking initiative aimed at enhancing healthcare accessibility, the Oil and Gas Development Company Limited (OGDCL) has donated three Mobile Eye Operation Theatre Units to Al-Shifa Trust. These units, the first of their kind in ...

Karachi: VIS Credit Rating Company Limited has reaffirmed the entity ratings of MRA Securities Limited at 'A-/A2', underscoring the firm's solid credit quality and sound liquidity profile. The ratings reflect MRA's good certainty of timely payment and...

KARACHI: A critical water shortage has brought industrial production to a standstill in Karachi's SITE area, as confirmed by Ahmed Azeem Alvi, President of the SITE Association of Industry. The lack of water supply for two weeks has left workers idle ...

Karachi: The third-quarter earnings forecasts for Mughal Iron and Steel Ltd. (MUGHAL) and Amreli Steels Ltd. (ASTL) indicate a challenging period for Pakistan's long steel sector, as both companies grapple with subdued profitability due to persistent ...

Karachi: The Exchange Companies Association of Pakistan announced new currency exchange rates on Tuesday. According to the latest figures, the US Dollar is being bought at 281.31 and sold at 282.87 in the open market. The Euro is being bought at 319...

Karachi: The Overseas Investors Chamber of Commerce and Industry (OICCI) has unveiled a series of tax reform recommendations for the Federal Budget 2025-26, aiming to increase Pakistan's tax-to-GDP ratio to 14 percent from its current rate of less tha...